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Bob Richards yesterday spelt out the danger to the country of failing to tackle the Government’s debt mountain, while announcing an annual budget that will add to it. The finance minister said the debt burden “undermines our ability to support the ne...

David Burt, the Shadow Minister of Finance, has warned that local businesses will end up closing as a result of the tax increases contained in the Budget. Speaking shortly after the conclusion of the 2016-17 Budget statement by Bob Richards, the Mini...

Opposition MP Walton Brown has urged Government to “listen to a voice of reason”, after chanting protesters shut down Wednesday’s meeting on immigration reform. Michael Fahy, Minister of Home Affairs, accused Mr Brown of instigating the disturbance ...

Protesters who disrupted a meeting on new immigration policies for long-term residents have spoken to The Royal Gazette about the frustrations that drove them to vent their anger in public. Michael Fahy, the Minister of Home Affairs, criticised the ...

The island is likely to face a hike in taxes when Bob Richards, the Minister of Finance, presents the 2016/17 Budget this morning in the House of Assembly. That assessment has come from observers ranging from Kendaree Burgess, the executive director ...

Michael Fahy continued to defend the controversial plan to create new pathways to Bermudian status, calling it morally and economically the right move. The proposal came under fire again in the Senate yesterday morning with Progressive Labour Party s...

Sources within the One Bermuda Alliance fear that the party is on the brink of “political suicide” over its apparent disconnect with ordinary Bermudians. Longstanding frustrations after the party’s sizeable defeat in the Devonshire North Central by-e...

An increase in tax revenue to help tackle the national debt could be included in the upcoming Budget, according to economist and lecturer Craig Simmons. While Mr Simmons said that the island’s economic recovery does appear to be gaining momentum in s...

New Progressive Labour Party senator Kim Wilkerson formally made her Oath of Allegiance in the Senate Chamber yesterday to the applause of onlookers. Senator Wilkerson fills the gap left by former Opposition Leader of the Senate Diallo Rabain, who to...

New legislation that will allow the Minister of Finance to temporarily take over a failing bank has been passed by the House of Assembly. Detailing the Banking (Special Resolutions Regime) Act 2016, the finance minister said it was intended to provid...